Xerox Revenue, Earnings Take Hit from Covid-19 Pandemic
Revenue was slammed by much lower page volumes and delayed equipment installations.
Category: News
After Refusing to Pay Patent Troll, Xerox Files Lawsuit Against It
On April 23rd, Xerox filed a lawsuit against Monument Peak Ventures (MPV), alleging the company has falsely accused it of infringing......
Kyocera Reports Fiscal Results, Takes Hit in Fourth Quarter
Sales revenue for Kyocera’s Document Solutions and Electronic Devices groups declined due to a prolonged inventory adjustment and the slowdown of the global economy resulting from the spread of Covid-19.
Ninestar’s G&G Launches Toner Supplies for HP Neverstop Laser Printers
On March 24, 2020, HP Inc. announced the global availability of its Neverstop Laser series, which is aimed at helping...
Remote Working, Manufacturing Likely to Be the Future
The COVID-19 pandemic will change many things, and one of them is likely to be the increasing acceptance of remote......
Future of Print Management is Cloud-Based Zero Infrastructure, Zero Trust
We spoke recently with some of the folks at Pharos Systems International, a provider of print-management systems that’s based in......
COVID-19 Timeline and Resources for the Office-Imaging Industry
We’ve been extensively covering the COVID-19 pandemic crisis, beginning with the delaying of printer/copier factory re-openings in China, to responses from OEMs – in total, over 40 articles covering this crisis.
Ninestar Introduces Remanufactured Toner Supplies for A3 Copier/MFPs
Ninestar Corporation’s G&G group today announced the launch of new remanufactured toner consumables for use in A3 copier/MFPs. The new......
New Epson Desktop Professional Photo Printers
Epson America today launched new professional desktop photo printers, the 13-inch SureColor P700 ($799 MSRP) and 17-inch SureColor P900 ($1,295......
Xerox to Mass-Produce Hand Sanitizer
Earlier this month, Xerox announced it would be mass-producing ventilators for COVID-19 patients. Now, today it reports that it’s leveraging its...
Ricoh Starts Face-Shield Production in Japan
The Japan Times reports that Ricoh Company of Tokyo, Japan, said today that it’s started making face shields for medical......
Toshiba Temporarily Closes Sales Offices, Factories, in Japan
On April 7th, the government of Japan declared a state of emergency as the number of COVID-19 coronavirus cases increased......
IDC Forecasts Slowing Global IT, Business Services Market
The forecast is based on the Economist Intelligence Unit’s projection that 2020 GDP will likely contract by more than 2 percent, with sharp declines in the first and second quarters offset by recovery in the second half of the year.
Survey Shows Dealerships Severely Impacted by COVID-19 Crisis
Not surprisingly, 75 percent of respondents reported a decline in sales of hardware (both A3 and A4 units).
Ninestar Forecasts Lower Profits for First Quarter Due to COVID-19
Ninestar Corporation of Zhuhai, China, and parent company of Lexmark International, Static Control Components, and other subsidiaries, is forecasting a......
New HP Platform For At-Home Learning – and Printing
Designed for the millions of young students now studying at home because of COVID-19 lockdowns, HP Inc. today introduced Print,...
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